Questions Raised Over 2024 RAND SIBTF Liability Study
January 7, 2026 — An investigation by The Jacobi Journal reports that the RAND Corporation’s 2024 study of California’s Subsequent Injuries Benefits Trust Fund (SIBTF) may have overstated the fund’s projected unfunded liability by approximately $6.75 billion, or about 632%, compared with the Journal’s recalculated estimate. The RAND study’s headline figure of a $7.9 billion […]
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